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Analysts Offer Insights on Communication Services Companies: Zillow Group Class A (ZG) and DoorDash (DASH)

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Zillow Group Class A (ZGResearch Report) and DoorDash (DASHResearch Report) with bullish sentiments.

Zillow Group Class A (ZG)

JMP Securities analyst Nicholas Jones CFA maintained a Buy rating on Zillow Group Class A today and set a price target of $62.00. The company’s shares closed last Wednesday at $41.44.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 22.4% and a 48.8% success rate. CFA covers the NA sector, focusing on stocks such as Booking Holdings, Sonder Holdings, and Mondee Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zillow Group Class A with a $58.42 average price target, which is a 39.0% upside from current levels. In a report issued on April 17, D.A. Davidson also maintained a Buy rating on the stock.

See the top stocks recommended by analysts >>

DoorDash (DASH)

JMP Securities analyst Andrew Boone maintained a Buy rating on DoorDash today and set a price target of $140.00. The company’s shares closed last Wednesday at $127.46.

According to TipRanks.com, Boone is a 4-star analyst with an average return of 5.3% and a 50.3% success rate. Boone covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, DoubleVerify Holdings, and Uber Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DoorDash with a $138.77 average price target, which is an 8.3% upside from current levels. In a report issued on April 19, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $170.00 price target.

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